MACD and Moving Average

[Pipsteroid]

@flamingoproxy

something else to know about MACD

the “standard settings” are archaic and have absolutely nothing to do with trading forex at all

they date from trading stocks (only) on daily charts (only), from the long-ago days of a 6-day trading week when the stock market was open on Saturdays as well as on weekdays

12 was then the number of trading days in 2 weeks

26 was then the number of trading days in 1 month (a month being 4.3 weeks, on average)

This is presumably the same as Ichimoku? That also has the same 12 and 26 in its standard settings?